London: Chinese investors’ favorite European city

In order to counteract a slowing home economy, wealthy Chinese investors have been injecting billions of dollars in innovative tech start-ups all over the world, over the past few years. Their market targets include innovative solutions from Canada, Europe and the United States of America.

The United Kingdom’s capital, fueled by it extremely attractive tech and fintech sectors, recently became the most popular European city for Chinese investors looking for innovative tech solutions.

Li Cha, the Founder and Managing Partner of iStart Ventures, recently explained the necessity for Chinese investors to enter the London market, saying that “the Chinese economy is vastly in need of innovation which comes from either competition in the domestic market or from international inspiration. In this respect, London is a good source of international trends and aspiration in technology and cultural creativity. Chinese investors have started exploring opportunities outside of China, in order to grab hold of global cutting edge technology as well as to diversify their portfolios. In light of this, London serves as the best hub in Europe.”

Over the last year, London has welcomed more than 50 Chinese tech companies such as Huawei Technologies, Alibaba and Rekoo who have now set up operations in the city. The city has also seen a number of high-profile deals such as the $ 34 million injected by China’s Kunlun Tech Co to Lendinvest and the creation of a $ 720 million venture capital fund designed to encourage investments in United Kingdom and European tech startups.

On December 7th, 2016, in Shanghai, Naseba will be hosting the Chinese Tech Investors Meeting to introduce pre-screened Chinese investors to pre-qualified technology investment opportunities from Europe.